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Plex Systems Still Eyeing IPO In 2012

AUBURN HILLS ? Plex Systems continues to eye an initial public offering in 2012 as it reports a 30-percent revenue gain for fiscal 2011 in a year when many other Michigan companies struggled to break even. Plex CEO Mark Symonds, in an interview with MITechNews.Com Editor Mike Brennan, said, ?We?re watching the market and looking

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Events/Announcements|

Mobile Technology Association Hosts Funding Options Event Feb. 13

DETROIT - If you're a mobile technology company looking for funding, then Mobile Monday Detroit on February 13th is where you want to be. The group will explore various options for obtaining funding and how they work, including: venture capital, angel funding, alternative funding strategies, bank financing and more. The meeting begins at 5:30 p.m.

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Entrepreneur Corner|

FileVault 2 Easily Decrypted, Warns Passware

SAN FRANCISCO - One of the welcome features in OS X Lion was the replacement of Apple's first-generation FileVault file encryption technology, which only encrypted the home folder, with a new whole-disk encryption approach. Unlike the first FileVault, which required a number of workarounds and still had compatibility problems with various programs and utilities, the

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Cyber Defense|

Purchasing Managers Index Rebounds Sharply In January

DETROIT - The Southeast Michigan Purchasing Managers Index made a sharp rebound in January, alleviating concerns about a slowdown for the Michigan economy. The index, which measures activity such as production, new orders, inventories, and employment, rose to 65.9 in January after falling below 50 in December for the first time in more than a

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Events/Announcements|

BioPhotonic Solutions Wins Top Prize At Great Lakes Entrepreneur’s Quest

ANN ARBOR ? BioPhotonic Solutions of East Lansing won the $5000 first place award in the Emerging Company category at the Great Lakes Entrepreneur's Quest business-plan competition Tuesday night at the ACE'12 entrepreneurship event at Skyline High School. BioPhotonic Soutions owns disruptive technology that unleashes the latent capabilities of an entire class of lasers ?

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Entrepreneur Corner|

Davenport University Offers Free Income Tax Preparation In West Michigan

GRAND RAPIDS - Student and faculty volunteers from Davenport University are trained and ready to kick off free income tax preparation sessions, available to low- and middle- income tax-filers (less than $50,000 in total family income) at locations across West Michigan. Volunteers are providing assistance in conjunction with the Volunteer Income Tax Assistance program, a

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Entrepreneur Corner|

Michigan Ranks 7th In Midwest Health Care Investments In 2011

CLEVELAND - Midwest health care companies attracted $810 Million in new investments across 178 companies in 2011 according to the BioEnterprise Midwest Health Care Venture Investment Report. Sixteen Michigan companies received $30.8 million in investments, ranking the Wolverine state 7th out of 11 surveyed. The total dollars attracted is up by ten percent from 2010;

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Life Sciences/Biotech|

IT Resource Hosts Webinar Feb. 15 On Data Backup, Recovery

COOPERSVILLE - IT Resource is hosting a webinar focusing on data backup, data recovery, and business continuity services on February 15 from 12-1pm. Participate in the webinar from your own desk, or join IT Resource at 701 W. Randall, Suite C, Coopersville, where lunch will be provided. The webinar will focus on helping businesses recover

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Cyber Defense|

Goemmel Named President Of Automation Alley

TROY ? Scott Goemmel of All Covered, a division of Konica Minolta Business Solutions, is the new president of Automaton Alley. Mark Symonds, CEO of Plex Systems, is the new vice president, the Southeast Michigan technology networking group announced Wednesday. Other members of the Automation Alley 2012 Board of Directors include: Please join us in

By |2012-02-01T00:00:00-05:00February 1st, 2012|Archive, Entrepreneur Corner|